Dame Susan Rice has been re-appointed chair of the Scottish Fiscal Commission.
The Commission produces forecasts of devolved tax revenue and demand-led social security expenditure and of the Scottish economy. It is structurally and operationally independent of the Scottish Government.
Susan Rice has chaired the Commission since its inception in 2014 and last year oversaw its transition to become a statutory body.
Commenting on her re-appointment Dame Susan said:
“I’m delighted to continue chairing the Scottish Fiscal Commission as it continues to evolve as one of a growing number of Independent Fiscal Institutions around the world.”
Note to Editor:
- The Scottish Fiscal Commission (2016) Act established the Commission as a statutory body, independent of the Scottish Government, to produce official fiscal and economic forecasts for the Government to use in its budget and financial planning.
- There are currently three Commissioners, Professor Alasdair Smith, David Wilson and Dame Susan Rice. A public appointments process is underway to appoint a fourth Commissioner.
- The Commission’s publication “Scotland’s Economic and Fiscal Forecasts December 2017” which accompanied the Draft Budget 2018-19, is available on its website.
- Earlier this year the Commission published ‘Scotland’s Economic and Fiscal Forecasts: Supplementary Publication - Updated Income Tax Forecasts, January 2018’.
- Find further details of Dame Susan’s re-appointment here.
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